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This paper studies how transport infrastructure investments affect a bidding war for a firm between two asymmetric countries within a region in a context of imperfect competition, where transport infrastructure investments play the role of a global public good, leading to a reduction in the unit...
Persistent link: https://www.econbiz.de/10011928039
In this study, we construct a new dependency ratio measure by taking into account the consumption needs of the young and elderly people, and the productivity of middle-aged people. Different from the way that Cutler et al. (1990) and Weil (1999) constructed the relative needs by using the...
Persistent link: https://www.econbiz.de/10012064695
Using DCC-GARCH model, this paper finds that, since 1990, the relationship between crude oil prices and the US dollar index is time-varying, demonstrating a process of 'very weak correlation-negative correlation-enhanced negative correlation-weakening negative correlation', but the existing...
Persistent link: https://www.econbiz.de/10011996135